Citi Trends Announces Second Quarter Fiscal 2024 Results [Yahoo! Finance]
Citi Trends, Inc. (CTRN)
Last citi trends, inc. earnings: 5/23 06:45 am
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US:NASDAQ Investor Relations:
ir.cititrends.com
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Source: Yahoo! Finance
Strong financial position with liquidity of approximately $134 million and no debt Single digit comparable store sales increase Q3 to-date Company provides Outlook for second half of Fiscal 2024 SAVANNAH, Ga., August 27, 2024 BUSINESS WIRE )--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the second quarter ended August 3, 2024. Financial Highlights – Second Quarter 2024 Total sales of $176.6 million increased 1.7% vs. Q2 2023; comparable store sales, calculated on a shifted 13-week to 13-week basis, decreased 1.7% compared to Q2 2023 Gross margin of 31.1% including $9.4 million of markdowns from strategic inventory reset and $4.0 million of shrink from physical inventory results and accrual rate adjustment, vs. 38.2% in Q2 2023 Net loss of ($18.4) million, or ($16.2) million as adjust
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News
- Citi Trends, Inc. (NASDAQ: CTRN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Citi Trends, Inc. (NASDAQ: CTRN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Citi Trends Announces CEO Appointment and Q3 Comparable Store Sales Above Guidance [Yahoo! Finance]Yahoo! Finance
- Citi Trends Announces CEO Appointment and Q3 Comparable Store Sales Above GuidanceBusiness Wire
- Citi Trends Sets Date for Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
CTRN
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 8-K
- 11/15/24 - Form SCHEDULE
- CTRN's page on the SEC website